Allen, Texas – Second Quarter 2010 Market Data
By Tom Branch, on July 6th, 2010
Market Information for Allen, Texas for the period ending June 30, 2010
While the total number of year-over-year sales and volume are up, the median price is down about $1750.
Listings under $300k are selling in about 90 days, $500k in 180 days, $750k in 270 days and $1m+ is 540 days. I would attribute the reduction in days on market for listings under $300k to the Federal Tax Credit. It will be interesting to see what happens in the third quarter.
Source: NTREIS
About Tom Branch
Tom Branch has written 597 posts in this blog.
Have you ever just met someone, but felt you like you'd known him for years? That's what most people experience with Tom. He has a knack for making folks feel right at home. After 21 years in the Air Force, loyalty and honesty are the foundation of everything Tom does. In addition to being a Texas Real Estate Broker, Tom is a Certified Distressed Property Expert (CDPE) and a Short Sales & Foreclosure Resource (SFR).
